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Ireland's Ion Investment approaches UK's Fidessa for potential deal

Written by Business World, on 20th Apr 2018. Posted in World

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Irish software firm Ion Investment Group Ltd said on Friday it had approached Fidessa Group with a proposal to buy the British software firm for 38.703 pounds per share, potentially countering a 1.4 billion pound deal by Switzerland's Temenos.

Ion said it approached Fidessa's board and certain shareholders with the proposal, under which Fidessa shareholders would also get a special and final dividend totalling 79.7 pence per share. (Reuters)

Source: www.businessworld.ie

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